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20121008
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Search Results 0 to 49 of about 81 (some duplicates have been removed)
wants to give tax cuts to the wealthy and to voucherrize medicare. romney will say he is the defender of the middle class. one thing both sides say this, could get heated tonight. >> we go to jim lehrer of pbs, moderating this debate. >> jim: i'm jim lehrer. i welcome you to the first of the 2012 presidential debates, between president barack obama, the democratic nominee, and former massachusetts governor, mitt romney, the republican nominee. this debate and the next three, two presidential, one vice-presidential, are sponsored by the commission on presidential debates. tonight's 90 minutes will be about domestic issues and will follow a format designed by the commission. there will be six roughly 15-mute segments, with two-minute answers for the first question. then open discussion for the remainder of each segment. thousands of people offered suggestions on segment subjects or questions via the internet and other means. but i made the final selections. and for the record, they were not submitted for approval to the commission or the candidates. the segments, as i announced in advan
government. >> that trickle down government phrase looks like an attempt to neutralize attacks on his tax plan as just one more version of, quote, trickle down economics. romney did some major cleanup work yesterday on the comment that had been the most damaging to his campaign in the last few weeks, the 47% comment. >> clearly, in a campaign with hundreds if not thousands of speeches and question and answer sessions, now and then you'll say something that doesn't come out right. in this case i said something that is just completely wrong. i absolutely believe, however, that my life has shown that i care about a hundred percent. >> that's what he said. everything he said there he said was completely wrong. does raise this question. how many resets can a presidential nominee have? take a look at romney's shifting responses over the last three weeks on 47% to put it all in perspective. >> as i point out i recognize that among those that pay no tax approximately 47% of americans i'm not likely to be highly successful with a message of lowering taxes. you know, it's not elegantly stated. let
and your taxes. >> unlike president obama, i will not raise tax on the middle class of america. >> i want to reform the tax code so it's simple, fair. >> the candidates' opinions couldn't be more different and the stakes couldn't be higher. >> their philosophy is if you don't are health insurance, don't get sick. >> now is the moment we can do something. and with your help, we will do something. >> cnbc's coverage of the first presidential debate of the 2012 presidential election begins now. >> tonight some of the most influential figures in the nation on the economy join us here on cnbc. >> we've got representative and hopeful ron paul with us. texas, from texas. he is of course outspoken about the federal reserve policies. robert reich is here with us tonight. also with us grover norquist. the man behind the no new taxes pledge so many republicans made. and bob lutz a former top auto executive. the auto bailout expected to be a big topic tonight. and we've got president of the aflcio. unions of course a major constituency. and roger altman. as you can see the lineup card is full. going
is not where we've been but where we're going. governor romney has a perspective that says if we cut taxes, skewed toward the wealthy, and roll back regulations that we'll be better off. i've got a different view. i think we've got to invest in education and training. i think it's important for us to develop new sources of energy here in america. that we change our tax code to make sure that we're helping small businesses and companies that are investing here in the united states. that we take some of the money that we're saving as we wind down two wars to rebuild america. and that we reduce our deficit in a balanced way that allows us to make these critical investments. now, it ultimately is going to be up to the voters, to you, which path we should take. are we going to double down on the top-down economic policies that helped to get us into this mess, or do we embrace a new economic patriotism that says america does best when the middle class does best in and i'm looking forward to having that debate. >> governor romney, two minutes. >> thank you, jim. it's an honor to be here with you.
that says, if we cut taxes, skew toward the wealthy, and roll back regulations we will be better off. i have a different view. i think we have to invest in education and training. i think it is important for us to develop new sources of energy here in america, that we change our tax code to make sure we are helping small businesses and companies here in the united states. that we take some of the money we are saving as we wind down two wars to rebuild america, and that we reduce our deficit in a way that makes us ablet -- that makes it able for us to create critical investments. it is up to you. are we going to go from the top down, which is what got us into this mess, or do we embrace the new economic patriotism that says america does best when the middle class does best? i'm looking forward to having that debate. >> governor romney. >> thank you, jim. i appreciate the chance to be with the president. appreciate the university of denver and their welcome. congratulations to you, mr. president, on your anniversary. i am sure this is the most dramatic place you could imagine, here with me. so
team coverage tonight. jim angle has a fact check on last night's most heated issue, tax policy. ed henry has the obama campaign reaction. and we begin with carl cameron on the first debate. good evening, carl. >> hi, brett. the romney campaign could hardly be more excited about what happened last night. in fact, since the debate ended, they say they've been getting two donations per second as a measure of mitt romney's success the morning after is general election debate debut against the president, mitt romney made a surprise appearance to a thrilled and leaved audience of conservatives. >> last night i thought was a great opportunity for the american people to see two very different visions for the country. >> he reiterated a new attack. >> trickle down government that the president proposes is one where he will raise taxes on small business, which will kill jobs. i instead want to keep taxes down on small business so we can create jobs. >> romney awoke to rave reviews across the country and democrats admit he delivered. >> virtually everything you said about my tax plan is inacc
taxes on people at the high end of the income scale apreposterous. i think you would agree. obviously if the republicans get into power they are going to cut taxes at the high income and he got on stage tonight and said no. >> romney's problem is that this debate is in 2012, not 1812. we have things we can hit a button to show what he has said before. no doubt mitt romney was at his best tonight but his best is not good enough. when you look at the fact that he's saying that taxes will not go up on the middle class, yet he is proposing all the way through this campaign, dealing with deductions in terms of mortgage investments, dealing with deductions in terms of charity, it will in fact go up on the middle class and a much lower tax rate for the rich. the fact will not bear him out. when he stood there all night advocating states' rights across the board, what is that saying to women about who is going to decide on women's issues? what is that saying to minorities t immigration? this man went back to the 19th century on states' rights all night long. when we hear him talk about things
could be accurate or not. what is the person saying there should not be a millionaire tax or should be. who is the special interest dominating that message point coming out and how does the voter get through it? i think one the most amazing thicks happening in the country when you look at the president number heys doing well. what's fascinated about the amount of money being spent by the cross roads and the entity for some reason the message is not coming through it's not compel fpg you look at the swing states that we were going to be remarkably close are going to trend toward tbhawm a way that somebody thinks to seem unless the debate set the presidential election. it's clear the spt heading toward a environment he has a advantage. romney is going to be exceptional. >> tune in. >> fiewn in and watch. let watch. >> i'm excited. >> talk about in next week in class. >> would you taunt the cross road different and you engage in more localized races congressional and senate how you choose your priorities since so you have a broader scope. >> yeah. that's a good question. we're focused on
-- >> govern romney's proposal calls for a $5 trillion tax cut. >> andthe man after his ob >> i'm not looking for a $5 trillion tax cut. what i said is i won't put in place a tax cut that adds to the deficit. >> their first debate, contentio contentious. >> for 18 months he's been running on this tax plan. and now, five weeks before the election, he's saying that his big bold idea is never mind. >> virtually everything he said about my tax plan sin accurate. look, i have five boys. i'm use the to people saying something that is notays ultimately hoping i'll believe it. >> the question this morning, did either candidate do enough to make believers out of america's undecided voters? >>> it is the day after. good morning and welcome to "early start," everybody. >>> it's 5:00 a.m. in the east. first, round one. it is now in the books. mitt romney has something to celebrate. in a cnn poll, 67% said romney won the first presidential debate. 25% think president obama was the victor. >> there were no real knockout punches thrown last night, more like a series of glancing blows with romney the aggress
't say tonight that that tax bill he vetoed raised taxes only on the rich and gave the rest of you a break -- but he vetoed it anyway. i offer a new direction. invest in american jobs, american education, control health care costs, bring this country together again. i want the future of this country to be as bright and brilliant as its past, and it can be if we have the courage to change. [applause] >> president bush, your opposing statement. >> let me tell you a little what it's like to be president. in the oval office, you can't predict what kind of crisis is going to come up. you have to make tough calls. you can't be on one hand this way and one hand another. you can't take different positions on these difficult issues. and then you need a philosophical -- i'd call it a philosophical underpinning. mine for foreign affairs is democracy and freedom, and look at the dramatic changes around the world. the cold war is over. the soviet union is no more and we're working with a democratic country. poland, hungary, czechoslovakia, the baltics are free. take a look at the middle east. w
. yet people still say, well, he's trying really i've. lori: he wants to try to cut tax of year and a higher percentage. 75 percent individual income rate. >> it is absurd. there is no economic basis for that other than we don't think people ought to earn that much money, so we're going to take away. that is socialism at its very essence. and so you elected socialist president. voila. you're going to have socialist policy, and that is what you have. he comes out with a 75% tax rate i chased the wealth of france. if you are a high income earner and investor, why on earth would you stay in france and have $0.75 out of every dollar taken away before you got a chance to spend it. almost any european country you could go and do better than that lori: do you think we're facing a similar path and the u.s. or do you expect americans to leave? >> it is very possible. there is some indication that some americans are already looking for ways to protect their income, protect their wealth. and you cannot blame them because of somebody -- i mean, it's the same thing. if i'm walking down sixth
mitt romney has been running around the country for the last year promising $5 trillion in tax cuts that favor the wealthy. the fellow on stage last night said he didn't know anything about that. the real mitt romney said we don't need anymore teachers in our classrooms. don't boo, vote. [ cheers and applause ] but the fellow on stage last night, he loves teachers. can't get enough of them. the mitt romney we all know invested in companies that were called pioneers of outsourcing jobs to other countries. but the guy on stage last night, he said that he doesn't even know that there's such laws that encourage outsourcing. never heard of them. never heard of them. never heard of tax breaks for companies that ship jobs overseas. he said that if it's true, he must need a new accountant. now, we know for sure it was not the real mitt romney because he seems to be doing just fine with his current account. so you see, the man on stage last night, he does not want to be held accountable for the real mitt romney's decisions and what he's been saying for the last year. and that's because he kn
, it will be impossible to bridge the gap without it. what mr. gore's plan will do causing huge payroll taxes or major benefit reductions. >> new question. are there issues of character that distinguish you from vice president gore? >> the man loves his wife and i appreciate that a lot. and i love mine. the man loves his family a lot, and i appreciate that, because i love my family. i think the thing that discouraged me about the vice president was uttering those famous words, "no controlling legal authority." i felt like there needed to be a better sense of responsibility of what was going on in the white house. i believe that -- i believe they've moved that sign, "the buck stops here" from the oval office desk to "the buck stops here" on the lincoln bedroom. it's not good for the country and it's not right. we need to have a new look about how we conduct ourselves in office. there's a huge trust. i see it all the time when people come up to me and say, i don't want you to let me down again. and we can do better than the past administration has done. it's time for a fresh start. it's time for a new l
worse economic news again. we saw that corporate tax has dropped by about a third from precrisis levels, basically small businesses are just not growing in this environment and big businesses are chasing profits abroad. so the government is just not getting the tax take on that front. in the asset classes, you can see some of the levels not that good at the moment. bundes still attracting a lot of attention. we've been waiting on spain to fishlgly l-- officially ask fo that aid. nonetheless, we're not seeing too much pressure on the periphery, 5.75%. let me send it back to you. >> thank you very much. the first presidential debate. john harwood is on the ground in denver. he joins us with the latest nbc news "wall street journal" poll. it looks like things are starting to even out at least a little. is this the bounce that president obama got after the democratic convention coming back down? >> well, i think it's the bounce from the convention and the surge that he got on top of the convention with that 47% video, so there is some good news for romney. not only our national poll, but a
break, talk presidential politics and what paul ryan says about the romney/ryan tax plan. chools in e world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. mike rowe here at a ford tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. buy four select tires, get a $60 rebate. use the ford service credit credit card, get $60 more. that's up to $120. where did you get that sweater vest? your ford dealer. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like
federal income taxes. he was asked what he would have said if that came up in the debate. >> clearly, in a campaign with hundreds if not thousands of speeches and question and answer sessions, now and then you're going say something that doesn't come out right. in this case, i said something that's completely wrong. i absolutely believe, however, that my life has shown that i care about 100%. >> president obama campaigned in wisconsin, sharply criticizing romney's statements during the debate on tax cuts, education, and outsourcing as misleading to the middle class. the president had this to say about his opponent's plan for reducing the deficit. >> but i just want to make sure i got this straight. he'll get rid of regulations on wall street, but he's going to crack down on "sesame street." [ applause ] thank goodness somebody's finally cracking down on big bird. who knew that he was responsible for all these deficits. elmo's got to watch out. >> and vice president joe biden was campaigning in iowa saying that mitt romney flip-flopped on his own tax cut plan that was the center piece
. >> for 18 months he's been running on this tax plan. and now five weeks before the election, he's saying that his big, bold idea is never mind. >> you said you get a deduction for taking a plant overseas? look, i've been in business for 25 years. i have no idea what you're talking about. i maybe need to get a new accountant, but the idea that you get a break for shipping jobs overseas is simply not the case. mr. president, you're entitled to your own airplane and your own house but not your facts. i don't have any plan to cut education funding and grants for people on going to college i'm continuing on growing. is it so critical it's worth paying to china? i apologize, mr. president. i use that term with all respect. okay, good. so i'll get rid of that. >> i don't know what he was doing out there. he had his head down. he was enduring the debate rather than fighting it. romney, on the other hand, came in with a campaign. he had a plan. he was going to dominate the time. he was going to be aggressive. he's going to push the moderator around, which he did effectively. he was going to relis
county have a little more time to pay property taxes. annual car tax payments due by midnight. the website that accepts the payments crashed. they pushed the deadline back to midnight tonight. to pay your car tax online, head to fairfax county.gov/dta. >>> gas prices hit an all-time high in california topping $4.61 a gallon. a attempt error shortage in supply triggered the price spike. look at those prices. over $5 a gallon. officials expect prices to continue to go up over the next few days before leveling off. prices are more reasonable around our area. everything is relative. d.c. average price is $3.82 a gallon. $3.70 in maryland and $3.59 in virginia. >>> it's the rumble in the air conditioned auditorium. jon stewart and bill o'reilly facing off tonight right here in washington. let me tell you how i will create 12 million jobs when president obama couldn't. first, my energy independence policy means more than three million new jobs. many of them in manufacturing. my tax reform plan to lower rates for the middle class and for small business creates seven million more. and
, only 2 voted against the plan by the time we were finished. we didn't raise taxes. you raised them by a trillion under obama care. we didn't cut medicare. of course, we don't have medicare but we didn't cut medicare by $716 billion. we didn't put in place a board that can tell people ultimately what treatments they're going to receive. we didn't also do something that i think a number of people across this country recognize, which is put people in a position where they're going to lose the insurance they had and they wanted. right now the cbo says up to 20 million people will lose their insurance as obama care goes into effect next year. and likewise a study of mckinsey and company of american businesses said 30% of them are at risk of being dropped. for those reasons, for the tax, for medicare, for this board and for people losing their insurance, this is why the american people don't want obama care. it's why republicans said do not do this, and the republicans had the plan. they put a plan out. they put a bipartisan plan. it was swept aside. i think something this big, this impo
the taxes paid by high income americans. with regards to young people coming along, i have got proposals to make sure medicare and social security are there for them without any question. number one, pre-existing conditions are covered under my plan. we've had 43 straight months with unemployment above 8%. if i'm president, i will create -- help create 12 million new jobs in this country with rising incomes. >> governor, i don't know how he got away with it. i don't know why the president didn't say it. he wants to get rid of the estate tax. the wealthiest people that got a quarter billion bucks in the bank, they want to keep it for their kids when they're gone. that's for the rich. 47%, he said people on social security are a bunch of bums and parasites. now he's saying i just want to save what they have. and this thing about pre-existing condition. he didn't tell the truth last night. he doesn't have a plan to cover it. >> he lied. >> his guy came out and made sure, he said he didn't mean to say that because he only meant people who already had a policy. obviously they do get coverage.
so you can decide. >> steve: president obama raising taxes is the only way to dig america out of the ditch. >> it is not possible to come up with enough deductions and loopp holes that affect only high income individuals math. it is aryth metic. >> steve: really. governor romney said cu. >> brian: this might ease your fears. free flightts to leave the country if your guy goes down. "fox and friends", we are up and we are on right now. ♪ ♪ "fox and friends". >> congratulations to you mr. president on your anniversary. i am sure this is the most romantic place you can imagine, here we me. i like pbs and big bird and you, too. i will not spend money borrowing from china to pay for it. >> american people have to ask is the reason governor rum rhumb all of the plans because they are too good. >> look, i have five boys, i am used to people saying something that is not always true and keep on repeating it and hoping i will believe it. that is not the case. a friend of mine said you pick losers. . you are ened to your own plane and house. >> two minutes is up. >> i had five second
Search Results 0 to 49 of about 81 (some duplicates have been removed)